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29208543
29208544

12180 SW Calico Ct, Beaverton, OR 97008

BM
201208978, OR201208978
Commercial Integrity, NW
Listed by Commercial Integrity, NW
$1,400,000
141 days on market
Updated 44 days ago

Calico 8-Plex

Details
APN R245853
Property Type Multifamily
Sub Type Apartment Building
Net Rentable (SqFt) 6,160
Units 8
Cap Rate 5.14%
NOI $72,000
Occupancy 100%
Pro-Forma Cap Rate 7.64%
Pro-Forma NOI $107,000
Price per SqFt $227
Class C
Year Built 1979
Buildings 1
Stories 2
Acreage 0.400
Parking Spaces 12 spaces
Investment Type Value Add

Multifamily | 8 Units | $175,000/unit

Marketing description

Long-Term Ownership with Value-Add Potential: The property has been owner-managed since 2007, offering stability and a clear opportunity for future upside, with current rents approximately 30% below market.

Functional Two-Bedroom Units: Each unit features two bedrooms, one bathroom, and in-unit washer/dryer hookups, providing convenience and appeal for tenants.

Prime Local Amenities: Walking distance to Southridge High School and Conestoga Middle School, making it attractive to families and long-term renters.

Proximity to Major Shopping: Located near Washington Square Mall, Oregon’s largest regional shopping center, providing strong access to retail, dining, and entertainment options.

Revenue Enhancement Opportunity: The property presents potential for utility reimbursement (RUBs) implementation, creating an additional income stream.

Listing Contacts

BM
201208978, OR201208978
Commercial Integrity, NW
Listed by Commercial Integrity, NW

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Loan Amount
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$72,000.00
$6,000.00/mo

Valuation Metrics

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DSCR
5.14%
Cap Rate
5.14%
ROI

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